Categories

Category: Banking and finance

Time for Plan B?

16/01/2011

The euro area’s bail-out strategy is not working. It is time for insolvent countries to restructure their debts. You can read the rest of The …

Willem Buiter's analysis

Tom McDonnell 10/01/2011

Tom McDonnell: Willem Buiter says the key remaining question is whether it will be the banks who default, the Sovereign or both – and there is …

The scenic route to public ownership

Slí Eile 25/12/2010

Slí Eile: 2010 - private banking emerges from the dark world. A slow crash. Now that €3bn+ has been raided from the National Pension Reserve Fund …

Moneylending

Nat O'Connor 20/12/2010

Nat O'Connor: The Irish Times reports on the €113 million owed to legal moneylenders, who can charge over 180 per cent interest. This is not a new …

Four Truths about the Irish situation (and one possible solution)

Nat O'Connor 17/12/2010

Nat O'Connor: The Government's four-year recovery plan doesn't address the issue of the banks. Without addressing this issue, the credibility of the …

The €67.5 (not €85) billion bailout

Jim Stewart 02/12/2010

Jim Stewart: Whatever the Taoiseach thought he was doing at the press conference last Sunday) in announcing the EU/IMF net loans to Ireland of …

Ireland's 'Inability to Pay' 5.8 Percent

Nat O'Connor 01/12/2010

Nat O'Connor: The interest rate on the EFSF loan is to be 5.8 per cent (on average). Can Ireland afford this? Professor Morgan Kelly of UCD wrote an …

Ireland, bond markets and democracy

29/11/2010

"Making the “market” the actor abstracts from the real world of speculators and financial fraud. It facilitates the mythology that the …

The story keeps shifting

Slí Eile 28/11/2010

Slí Eile: 28 November we are told (1) 'Without this external support, the State would not be able to raise the funds required to pay for key public …

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